Research into Mechanism Innovation for Enhancing Non-governmental Investment Ability in West Areas
Hui Li
Abstract
Hui Li
Abstract
The capital inadequacy in China's west region comes from that its economic development has been restricted by capital,especially,non-governmental capital.Although,in recent years,the increase rate of the investment in west areas is obviously rising,to some extent,it results from governmental investment and national investment proportion is still very high.Compared with east areas,the investment environment in west areas does not have advantages and is difficult to attract non-governmental investment.That the development of the west areas depends on the large scale investment of central government is not sustainable and west areas must attract non-governmental investment by using a series of mechanism innovation such as benefit attraction,legal guarantee,policy innovation,social service system innovation and so on to enhance self development ability.
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The capital inadequacy in China's west region comes from that its economic development has been restricted by capital,especially,non-governmental capital.Although,in recent years,the increase rate of the investment in west areas is obviously rising,to some extent,it results from governmental investment and national investment proportion is still very high.Compared with east areas,the investment environment in west areas does not have advantages and is difficult to attract non-governmental investment.That the development of the west areas depends on the large scale investment of central government is not sustainable and west areas must attract non-governmental investment by using a series of mechanism innovation such as benefit attraction,legal guarantee,policy innovation,social service system innovation and so on to enhance self development ability.
Key concepts: Investment (military), Government (linguistics), Business, Capital (architecture), Scale (ratio), Sustainable development, Market economy, Open-ended investment company